The price of Polygon's Ecosystem Token (POL) has stabilized above the low of $0.33. Nonetheless, the bulls bought the dips and started a sideways trend.
The altcoins listed below are the underperforming cryptocurrencies. The altcoins are in a horizontal trend after exhausting the bearish momentum. Other cryptocurrencies rallied when the bulls broke above the moving average lines.
Altcoins are recovering from their recent decline. In the early stages of the recovery, bulls will stop the decline above existing support while moving sideways.